Market Report for Tuesday 24th May, 2011

The market went up slightly as the closing price for BRALIRWA share touched Rwf228 cum dividend; an increase of Rwf2 from yesterday’s closing price of Rwf206.A total turnover of Rwf17,634,700 was recorded from 76,900 BRALIRWA shares traded between Rwf220 and Rwf230 in 17 transactions.

Tuesday, May 24, 2011

The market went up slightly as the closing price for BRALIRWA share touched Rwf228 cum dividend; an increase of Rwf2 from yesterday’s closing price of Rwf206.

A total turnover of Rwf17,634,700 was recorded from 76,900 BRALIRWA shares traded between Rwf220 and Rwf230 in 17 transactions.

Those who buy the shares up to June 13, 2011 will qualify for the final dividend announced by BRALIRWA.
At the close of business, there were outstanding bids of 204,500 BRALIRWA shares at between Rwf220 and Rwf227 each.

There were also outstanding offers of 49,700 BRALIRWA shares at between Rwf230 and Rwf240 each.

The KCB and NMG counters did not record any activity today and their share prices remained unchanged from yesterday’s closing prices of Rwf175 and Rwf1200 respectively.

NMG shares will trade cum dividend until May 31, 2011.

Ends